Oil prices fell today, with the rise of the dollar, but the decline in US inventories limited the decline, while investors are watching developments in reducing oil exports in the Kurdistan region of Iraq.

Brent crude futures fell 37 cents, or 0.5 percent, to $77.91 a barrel.

West Texas crude fell 28 cents, or 0.4 percent, to $72.69 a barrel.


And US crude oil inventories recorded an unexpected decline of 7.5 million barrels, and imports fell to the lowest level in two years, according to the US Energy Information Administration.